bank money

American  

noun

1. checks, drafts, and bank credits other than currency that are the equivalent of money.

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Etymology

Origin of bank money

First recorded in 1900–05

Example Sentences

See Examples For:

bank money

Project Samara tested the real-world feasibility and implications of a DLT-based platform for capital markets, using a real bond funded and traded with central bank money.

From The Wall Street Journal ● Mar. 6, 2026

The move to support the group, with the pledge of central bank money, is designed to stem a crisis of confidence in Switzerland's second-biggest lender that stems from years of scandals and losses.

From Reuters ● Mar. 16, 2023

The incident happened around 1 p.m. on Jan. 6 during a bank money drop at a Chase Bank branch in Sunset Park, Brooklyn.

From Seattle Times ● Jan. 16, 2023

A separate risk is that because central bank digital currency would be viewed as more reliable than bank money, bank depositors would switch their funds to it in a financial crisis.

From New York Times ● Dec. 10, 2021

All of Mrs. Weidenbach’s friends stood to clap, and they were joined by everybody who owed the bank money.

From "A Long Way from Chicago" by Richard Peck